Hartford Business Journal

bankatpeoples.com Member FDIC/Member DIF like it's our business. We'll help guide your business Meet our team bankatpeoples.com/businessteam Employers should be aware of these work-from-home cybersecurity risks Q&A talks with Tim Francis, the enterprise cyber lead at Travelers Cos., about cyber- security and cyber insurance issues during the coronavirus pandemic. Q. With a lot more people working from home these days, what are the added cybersecurity risks that employers should be aware of ? A. Companies to some extent were forced to react on the fly when COVID-19 hit, and may not have had the appropriate security protocols in place for the number of devices that were being used and how many people would be working from home. In the work-from-home environ- ment, there exists a difference in computer security — potentially with home routers, maybe even home devices. Not connecting di- rectly to a corporate system invites more vulnerability and creates ad- ditional cyber risk. There was some really interesting research that was done recently by BitSight, a cybersecurity rating firm. It found that networks being used to work from home are 3 ½ times more likely to have malware present than the standard corporate network. It reinforces the importance of taking cyber risks seriously. Q. What are the best strategies employers should consider or imple- ment to protect against cyber attacks as their workers work remotely? A. Make sure that in a work-from- home environment, employees are cog- nizant of what emails they're opening. One click on the wrong link can lead to a big problem. It's also ideal when company-issued laptops are connecting through a VPN even when remote, using multi-factor authentication and that they're run- ning appropriate antivirus software. Or better yet, running endpoint de- tection and response (EDR) software. Q. What has Travelers seen in terms of cybersecurity claims activity since COVID-19 hit? A. Even before COVID-19 hit, we were seeing increased claim activity, particularly around ransomware as more and more cyber criminals were being successful with those exploits. That has continued during COVID-19. Yet-to-be-determined is what will happen as companies begin to tran- sition back to the office. As compa- nies begin bringing their employees back to the office, devices that might have been infected in the home envi- ronment could lead to an increase in problems when they begin recon- necting with a corporate network. Q. Travelers recently announced a risk management offering with Sen- tinelOne. What is the relationship and why did you adopt it? A. We wanted to work with Senti- nelOne, a leading provider of endpoint detection and response (EDR) software, and make their monitoring services available to our cyber policyholders. With the unprecedented number of employees working remotely, it could expose work-from-home devices to serious cyber threats. And if a cyber criminal gains access to an employee's computer when the em- ployee is working from home, once that worker returns to the office, it elevates concern and vulnerability because the criminal is likely now lurking in the corporate network. This service from SentinelOne Tim Francis Enterprise Cyber Lead, Travelers Cos. Sr. Managers, Audit KPMG LLP seeks Sr. Managers to join us in our Hartford, CT office. Positions req bach deg or foreign equiv. from accrtd college/university in Accounting or related field + 7 yrs exp in offered pos or related occ. Employer will accept master's deg or foreign equiv + 3 yrs exp in lieu of bach deg + 7 yrs exp. CPA license req. Any suitable combo of edu/training/exp accept. Up to 100% travel to various locations/business need. 3 yrs exp must incl applying accnting & disclosure reqs prescribed by FASB Accounting standards code AOC 944, 606 & 320; revwng, collctng, & anlyzng data detect deficient controls, fraud or noncompl w laws, regs, & mngmnt policies in accord w SOX Act Sec 404 & NAIC MAR; applying audit apprches, incl benefits plans, statutory reports & compl audits (HUD); applying US GAAP, US GAAS, PCAOB, GASB, & AICPA stndrds & pronncmnts; & applying accnting & disclosure reqs prescribe by ASC 944, 606 & 320. Interested? Apply online at http://us-jobs.kpmg.com/careers/FindALocation & type requisition number 49755 in the keyword search box. Should you have any difficulty in applying for this position through our website, please contact: us-hrscatsadmin@kpmg.com for assistance in the application process. If offered employment, must have legal right to work in the U.S. EOE. KPMG offers a comprehensive compensation and benefits package. No phone calls or agencies please.KPMG Affirmative Action, Equal Opportunity Employer, Minority/Female/Disability/Veteran. KPMG maintains a drug-free workplace. © 2020 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved. FOCUS: INSURANCE Continued on page 12 >> Need help marketing your webinar? Let us help you reach your target audience! CONTACT OUR SALES DEPARTMENT >>

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